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by htag
1202 days ago
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This is a marketing piece the same way an engineering blog post is a marketing piece. It demonstrates expertise and helps influence others. I can think of two audience members: * Those with cash in SVB, or another regional bank, and want to find a 'safer' bank. * The relatively uniformed that are nervous about banking. |
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"This document is an analysis by person X, based on his opinion. That opinion may change at any time."
That's a lovely, if corporatey way of paraphrasing the well-known quip "When facts change, I change my mind. What do you do?"
There's no doubt the document was prepared in a huge rush. Like any large bank, JPM would have had to get it out well before end of business on Friday. Wouldn't be surprised if they had to get it out before lunch! But that rush also means there would have had been far less time to polish it up, and indeed, the author points out that at least some of the industry figures were lifted as-is from an earlier report they had produced.